Classical

Entrepreneurship and Innovation - Entrepreneurship and Innovation Questions

21:  

Which statement is true?

A.

The product-based concept of quality focuses on an attribute of the product that is held in high regard

B.

Manufacturing-based quality or process quality, concerns the attention to detail in the construction and delivery of the product or service

C.

The transcendent approach to quality is philosophical and asks questions about the nature of things

D.

All of the above

 
 

Option: C

Explanation :


22:  

Which statement is true?

1. Liquidation value is the value of the assets if they had to be sold under pressure.

2. Earnings valuations entail multiplying the earnings of the venture by a price earnings ratio or dividing the earnings by some capitalisation factor.

3. The book-value of an asset is the historical cost of the asset less accumulated depreciation.

4. Control issues are negotiable and not solely dependent on the proportion of stock the investors have purchased. All minority stockholders have rights.

5. Social trends refer to the modes and manners in which people life their lives. Lifestyles reflect people's tastes and preferences in an economic sense.

A.

1, 2 and 3

B.

Only 4

C.

Only 3

D.

All of these

 
 

Option: D

Explanation :


23:  

Match the following

List-I (Type of Motives)    List-II (Features)

(A) Competence motives     1. Closely tied to the learning concepts.

(B) secondary motives        2. Concerned with motives security regarding life,

                                              accident, love, job, etc.

(C) Security motives           3. Concerned with achieving status or rank in a

                                              group, organisation or society.

(D) Status motives             4. Show direct selectivity and persistence in

                                              interacting with environment.

A.

(A) (B) (C) (D)

1    2    3    4

B.

(A) (B) (C) (D)

4    1    2    3

C.

(A) (B) (C) (D)

2    3    4    1

D.

(A) (B) (C) (D)

3    1    2    4

 
 

Option: B

Explanation :


24:  

Match the following

List-I (Type of Law)         List-II (Features)

(A) Business Law                 1. Insurance Act

(B) Economic Law                2. Social Control

(C) Labour Law                    3. Air Pollution Control Act

(D) Pollution Control Law      4. FERA

                                           5. Provident Fund Act

A.

(A) (B) (C) (D)

1    2    3    4

B.

(A) (B) (C) (D)

3    4    2    1

C.

(A) (B) (C) (D)

3    1    4    2

D.

(A) (B) (C) (D)

1    4    5    3

 
 

Option: D

Explanation :


25:  

All of the following are the broad categories of External forces EXCEPT

A.

Economic forces

B.

Socioeconomic forces

C.

Technological forces

D.

Competitive forces

 
 

Option: B

Explanation :




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